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> Question 26 1 pts A key economic metric that may provide a forward looking expectation for forecasting a currency devaluation is All options are

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> Question 26 1 pts A key economic metric that may provide a forward looking expectation for forecasting a currency devaluation is All options are offer predictive value inflation monetary supply balance of payments deficit Question 27 1 pts Patel Industries expects to receive EUR 5 million tomorrow as a result of selling goods to a firm in Germany. Patel Ind. estimates the standard deviation of daily percentage changes of the euro to be 1 percent over the last 100 days. Assume that these percentage changes are normally distributed. Use the value-at-risk (VAR) method based on a 95% confidence level for the following question. What is the maximum one-day loss in dollars if the expected percentage change of the euro tomorrow is 0.5%? The current spot rate of the euro (before considering the maximum one-day loss) is $1.01. -$75,705 -$25,250 SoC -$113,100 -$67,060

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